Weekly News via Email
   Set as homepage | Add to favorites | Customer Service | Subscribe Now | Place an Ad | Contact Us | Sitemap Monday, 02.19.2018
News Archive
Su Mo Tu We Th Fr Sa
 1  2
 3  4  5  6  7  8  9
 10  11  12  13  14  15  16
 17  18  19  20  21  22  23
 24  25  26  27  28  29
Online Extras
Site Services
Around Bend
Outdoor Fun
Travel Info
Shop Local

Members Of

Poll: Today's Live Poll
Email to a friend | Print this | PDF version | Comments (0 posted) 
  Blogger |   del.icio.us |   digg |   newsvine

Feb 01,2008
Inflation puffs up cost of Chinese exports
by UPI

SHANGHAI - Western businesses said they have noticed higher bills coming in from Chinese suppliers as inflation begins to take hold in China.

Various executives and analysts told The New York Times that a raft of factors, including the softer U.S. dollar, are making it more expensive to operate in the People's Republic.

The Times, in a report Friday, said higher energy and material costs plus new business regulations and the weaker greenback added up to a 2.4 percent increase in the price of Chinese exports, although experts said that price could reach 10 percent by the end of the year.

Credit Suisse economist Dong Tao said China's "heyday" in the world economy could be coming to an end.

"China has been the world's factory and the anchor of the global disconnect between rising material prices and lower consumer prices,:" he told the Times. "But its heyday is over. We're going to see higher prices."

© 2008 United Press International. All Rights Reserved.

631 times read

Related news
China sets GDP growth at 8 percent by UPI posted on Mar 05,2008

China inflation forecast at 4.6 percent by UPI posted on Nov 23,2007

China's October CPI rises by UPI posted on Nov 13,2007

Up, up and away by the St. Louis Post-Dispatch posted on Mar 07,2008

$100 a barrel. Cheap. by the St. Louis Post-Dispatch posted on Jan 11,2008

Did you enjoy this article? Rating: 4.62Rating: 4.62Rating: 4.62Rating: 4.62Rating: 4.62 (total 21 votes)

Market Information
Breaking News
Most Popular
Most Commented
Featured Columnist
Horoscope Guide
Aquarius Aquarius Libra Libra
Aries Aries Pisces Pisces
Cancer Cancer Sagittarius Sagittarius
Capricorn Capricorn Scorpio Scorpio
Gemini Gemini Taurus Taurus
Leo Leo Virgo Virgo
Local Attractions
Bend Visitors & Convention Bureau
Bend Visitors & Convention Bureau

Mt. Bachelor Resort
Mt. Bachelor Resort

Les Schwab Ampitheater
Les Schwab Ampitheater

Deschutes County Fairgrounds
Deschutes County

Tower Theatre
Tower Theatre

The High Desert Museum


Deschutes County

  Web    BendWeekly.com
© 2006 Bend Weekly News
A .Com Endeavors, Inc. Company.
All Rights Reserved. Terms under
which this service is provided to you.
Please read our Privacy Policy. Contact us.
Bend Weekly News & Event Guide Online
   Save the Net
External sites open in new window,
not endorsed by BendWeekly.com
Subscribe in NewsGator Online
Add to Google Add to MSN Add to My AOL
What are RSS headlines?